AMDOCS TO GO PUBLIC

Amdocs Limied announced that it filed with the Security and Exchange Commission a registration statement relating to a proposed initial public offering of its Ordinary Shares. Amdocs intends to offer 18 million shares at the range of $14 to $16 per share. In addition, a stockholder of the company has granted the underwriters options to purchase up to 2.7 million shares solely to cover over-allotments. The company plans to list on the New York Stock Exchange (NYSE), under the symbol DOX. The managing underwriters are Goldman, Sachs & Co., Morgan Stanley Dean Witter, BancAmerica Robertson Stevens, BT Alex Brown and Lehman Bros.